Economy & business fact checks

Says businesses will give you free baby formula during the coronavirus outbreak.

Publisher’s rating: Pants on Fire

“We have a record 9.3 million job openings in the U.S.”

Publisher’s rating: True

Carrefour sortea vales de 200 euros para gastar en productos para bebés

Publisher’s rating: Falso

“In 1983, Joe Biden voted in favor of taxing 50% of Social Security” and in 1993, Biden “was the deciding vote in raising the percentage taxed on Social Security from 50% to 85%.”

Publisher’s rating: Half True

The “average federal income tax” paid by the richest Americans is “8%. … If you’re a cop, a teacher, a firefighter, union worker, you probably pay two to three times that.”

Publisher’s rating: False

In COVID-19 crisis, “only 20% of African Americans had jobs where they could work from home.”

Publisher’s rating: True

“President Biden has created more jobs in his first 7 months than any POTUS in history.”

Publisher’s rating: Half True

The CEO of Bud Light resigned following a conservative backlash to partnering with a transgender social media influencer.

Publisher’s rating: False

Says “100% of net job creation under the Biden administration has gone to the foreign-born.”

Publisher’s rating: Mostly False

Related reporting identifies the claim’s setting and wording: during a December 17, 2025 address, Donald Trump said, “In the year before my election, all net creation of jobs was going to foreign migrants.” This is the statement at issue, though its time frame is phrased as the year before his election rather than as the entire Biden administration. The supplied excerpt reports Trump’s assertion but provides no employment data, calculation, source for the figures, or description of a fact-checking method. It therefore confirms what he said, but does not establish whether all net job creation in the stated period went to foreign-born workers. The excerpt also does not provide enough evidence to assess the broader formulation in the claim independently.

“His 2017 tax bill slashed taxes on companies that sent production and jobs overseas. Those corporations then make huge profits by shipping these foreign-made products back to the United States to sell to American consumers.”

Publisher’s rating: Two Pinocchios

“Because of our economic policies we now are reducing inflation.”

Publisher’s rating: Mostly False

Says Joe Biden’s “capital gains tax means that when you sell your home you’ll owe taxes of 40% of your profit!”

Publisher’s rating: Mostly False

Under President Joe Biden, “Black unemployment is the lowest in American history.”

Publisher’s rating: Mostly True

Murray Energy is "the largest coal company in the United States."

Publisher’s rating: Mostly False

“Look, folks, you know how many billionaires we have in America today? One thousand. You know what their average federal tax rate is? Federal tax rate is 8.5 percent."

Publisher’s rating: Two Pinocchios

Joe Biden and Democrats “have done absolutely nothing to help families struggling to keep up with inflation.”

Publisher’s rating: False

"In 2016, the Department of Labor predicted that Americans would continue dropping out of the workforce in record numbers."

Publisher’s rating: False

"And we’ll reverse the disastrous and heartless decision Joe Biden made in 1996 to shut down the pharmaceutical industry in Puerto Rico."

Publisher’s rating: Distorts the Facts

Says Gov. Tony Evers "wanted to increase your taxes by $1 billion just for heating your homes Instead, Republicans cut your taxes by more than $2 billion."

Publisher’s rating: Half True

“Do you make $75,000 or less? Democrats’ new army of 87,000 IRS agents will be coming for you — with 710,000 new audits for Americans who earn less than $75k.”

Publisher’s rating: Three Pinocchios